119 Shares in NVR, Inc. (NYSE:NVR) Acquired by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. purchased a new position in shares of NVR, Inc. (NYSE:NVR) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 119 shares of the construction company’s stock, valued at approximately $1,168,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mitsubishi UFJ Trust & Banking Corp grew its holdings in NVR by 1.3% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,560 shares of the construction company’s stock worth $44,791,000 after acquiring an additional 71 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in NVR by 3,377.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,504 shares of the construction company’s stock worth $19,002,000 after acquiring an additional 2,432 shares in the last quarter. Sei Investments Co. grew its holdings in NVR by 89.6% during the 1st quarter. Sei Investments Co. now owns 2,653 shares of the construction company’s stock worth $21,489,000 after acquiring an additional 1,254 shares in the last quarter. Swedbank AB acquired a new position in NVR during the 1st quarter worth approximately $931,000. Finally, Jane Street Group LLC grew its holdings in NVR by 1,285.4% during the 1st quarter. Jane Street Group LLC now owns 568 shares of the construction company’s stock worth $4,601,000 after acquiring an additional 527 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Insiders Place Their Bets

In other NVR news, CAO Matthew B. Kelpy sold 175 shares of the firm’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $8,650.00, for a total transaction of $1,513,750.00. Following the transaction, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,989,500. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other NVR news, CAO Matthew B. Kelpy sold 175 shares of the firm’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $8,650.00, for a total transaction of $1,513,750.00. Following the transaction, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,989,500. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Susan Williamson Ross sold 125 shares of the firm’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the transaction, the director now directly owns 391 shares in the company, valued at $3,325,810.81. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 648 shares of company stock valued at $5,547,709. Insiders own 7.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. UBS Group boosted their price target on shares of NVR from $8,450.00 to $9,450.00 and gave the stock a “neutral” rating in a report on Wednesday. Bank of America dropped their target price on shares of NVR from $10,800.00 to $10,600.00 and set a “buy” rating on the stock in a research report on Wednesday.

NVR Trading Down 0.3 %

NYSE NVR opened at $9,411.06 on Thursday. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84 and a quick ratio of 3.32. The firm’s fifty day moving average price is $9,353.94 and its 200 day moving average price is $8,360.43. The company has a market capitalization of $28.99 billion, a price-to-earnings ratio of 19.45, a price-to-earnings-growth ratio of 2.61 and a beta of 1.19. NVR, Inc. has a 12 month low of $5,210.49 and a 12 month high of $9,964.77.

NVR (NYSE:NVR) last issued its quarterly earnings data on Tuesday, October 22nd. The construction company reported $130.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $131.00 by ($0.50). NVR had a return on equity of 38.51% and a net margin of 16.83%. The business had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.71 billion. During the same period in the previous year, the business posted $125.26 earnings per share. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. On average, sell-side analysts expect that NVR, Inc. will post 500.67 earnings per share for the current fiscal year.

NVR Profile

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.